Business

811 Articles
Business

Fuel Prices Hit ₦900 at Depots as Dangote Refinery Operations Slow Down

Petrol prices at private depots across Nigeria have surged to nearly ₦900 per litre, following ongoing operational delays and limited supply from the...

Business

Abia Government Secures 60% Stake in EEDC Assets, Launches New Phase of Power and Infrastructure Development

The Abia State Government has reached a major milestone with the successful conclusion of negotiations to acquire a 60% stake in the Enugu...

Business

Nigeria Still Imports 72% of Petrol Despite Dangote Refinery Operations

Nigeria’s dependence on imported petrol remains high despite the commencement of operations at the 650,000-barrel-per-day Dangote Refinery, with new data showing that imports...

Business

Nigeria’s Energy Future Hinges on Balanced Reforms, Innovation — Dr Uche Ogah

President of Masters Energy Group and former Minister of State for Mines and Steel Development, Dr Uchechukwu Ogah, has said Nigeria’s energy future...

Business

NCAA Cracks Down on Airlines Over Delayed Ticket Refunds

The Nigerian Civil Aviation Authority (NCAA) has cautioned domestic airlines against informing passengers that ticket refunds take up to four weeks, describing such...

Business

IMF/World Bank Meetings: Cardoso Leads Nigerian Delegation as Edun Takes Ill

Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, will lead Nigeria’s delegation to the annual World Bank and International Monetary Fund (IMF) meetings...

Business

LPG Retailers Deny Blame for Cooking Gas Price Surge, Cite Supply Shortages and Market Imbalance

The Liquefied Petroleum Gas Retailers Association of Nigeria (LPGAR) has refuted claims that retailers are responsible for the current hike and scarcity of...

Business

Nigeria’s Energy Sector Reborn: Scholar Hails Tinubu’s Reforms as Nation Nears Petroleum Export Status

Energy governance expert, Prof. Josiah Danladi, has said Nigeria is steadily transitioning from a net importer to a potential net exporter of refined...